15, FORGE WAY, NORTH HYKEHAM, LINCOLN, LN6 9ZS - £108,750

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 FORGE WAY is a very small semi-detached house of 56m², which could now be worth an estimated £131,899. It was last sold for £108,750 in February 2019, which was around 34% below the average February 2019 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

15 FORGE WAY Sold Prices

Land registry data shows two sales for 15 FORGE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 15 FORGE WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 28 FEB	£108,750	£163,827	34% below HPI
2016 30 SEP	£99,749	£144,865	31% below HPI

15 FORGE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 15 FORGE WAY sales from September 2016 and February 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 15 FORGE WAY be worth now?

15 FORGE WAY might now be worth an estimated £131,899.

This is based on house price inflation of 21.3%, between February 2019 and December 2024, for semi-detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.3% inflationary increase is applied to the most recent sale price for 15 FORGE WAY of £108,750 on 28th February 2019. For the value to have increased from £108,750 to £131,899 over the four years and two months to December 2024, the following assumptions must hold true:

• The value of 15 FORGE WAY has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The February 2019 sale price of £108,750 represented a fair market value for the property.
• The size, condition, and specification of 15 FORGE WAY has not materially changed since February 2019.

How Large is 15 FORGE WAY?

15 FORGE WAY is 56m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of semi-detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Hykeham, and where 15 FORGE WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 15 FORGE WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

15 FORGE WAY: Plot and Title Map

15 FORGE WAY sits on a plot of roughly 22.6 acres, or 91,307m². The below map shows the location of 15 FORGE WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 FORGE WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 FORGE WAY?

15 FORGE WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 15 on FORGE WAY.